China’s state banks seen selling dollars for yuan in London and New York hours
Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
archiveECO
Morning Bid: Rattled by the China and Fed double whammy
The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month...
Dollar shines against battered yen; Aussie dragged by jobs data, China woes
SINGAPORE, Aug 17 (Reuters) - The dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S....
Fed officials divided in July over need for more rate hikes, minutes show
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - Federal Reserve officials were divided over the need for more interest rate hikes at the U.S. central bank's July 25-26 meeting, with "some participants" citing the risks to the economy of pushing rates too far even as "most" policymakers continued to prioritize the battle against inflation, according to minutes of the session that were released on Wednesday."Participants remained resolute in their...
Wall Street stocks down after Fed minutes, bank shares extend losses
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023....
Exclusive: Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
Bridgewater's Pure Alpha most bearish on developed market bondsAlso bearish about the U.S. dollar, metals and stocksEuro, Singapore dollar were...
UK inflation set sterling for biggest one-day rally in three-weeks
Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 16...
Yield gap between China and US widens to highest since 2007 after surprise rate cut
A staff member wearing a face mask walks past United States and Chinese flags set up before a meeting between...
Morning Bid: Stock markets tense as China gloom builds
The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month...
Wall St ends lower; strong retail sales stoke interest rate worries
July retail sales rise more than expectedNvidia gains as UBS, Wells Fargo raise PTU.S. big banks fall as a report...
